Selling Your Accounting Practice
We recently sold one of Raleigh's oldest (35 years) and largest accounting firms. The owner of this firm said that she had always wanted to own her own business and provide the best professional services to her clients and for 35 years she and her team did this exceptionally well!
Finding the buyer for this business sale was pretty easy although the deal structure became a bit nuanced and entangles due to the timing and new management ideas of the buyer. You can imagine my joy when the books were in perfect condition which is rarely the case in many of the businesses that we represent.
Selling an accounting firm, for the most part, is one of the easiest to find buyers for. Most accountants understand multiples and how they apply to their industry so there isn't a lot of rangling over accurate market pricing. Most accountants, when the time is right for them to sell, they are really motivated to exit.
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Selling Your Accounting Practice
I'd like to help you if you are thinking about selling your business as well. My name is Tina Wright and I own Transworld Business Advisors of Raleigh along with my husband. Our business brokerage firm serves our clients with three core values:
- Treat People With Dignity
- Be Truth Tellers
- Work HARD
Selling a business is a serious consideration. Let's grab a cup of coffee so that I can meet you and learn more about your incredible entrepreneurial story! My 10 Commandments of Selling a Business
- Selling your business is as much about emotions as it is numbers
- Selling your business requires truth-tellers, not hype
- Selling your business requires doing the hard work upfront
- Selling your business requires spotting hurdles early because no business is perfect
- Selling your business requires daily check-ins with buyers and seller
- Selling your business requires a seasoned professional
- Selling your business requires a Ph.d in problem-solving
- Selling your business requires confidential marketing
- Selling your business requires grit
- Selling your business requires a sweet southern accent to calm tensions that will always arise:)
